A Look At The Intrinsic Value Of Guardant Health, Inc. (NASDAQ:GH)
May 28
U.S. Healthcare Services Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies114
- 7D-2.5%
- 3M-11.8%
- 1Y-18.4%
- YTD-15.1%
Over the last 7 days, the Healthcare Services industry has dropped 2.5%, driven by pullbacks in CVS Health and Cigna Group of 2.9% and 3.1%, respectively. The industry has fallen 18% in the last year. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the U.S. Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | US$296.1b | US$598.1b | US$10.1b | 25.4x | 29.3x | 0.5x |
| Thu, 27 Apr 2023 | US$305.4b | US$586.8b | US$10.7b | 22.3x | 28.7x | 0.5x |
| Sat, 25 Mar 2023 | US$308.1b | US$586.4b | US$11.8b | 22.1x | 26.1x | 0.5x |
| Mon, 20 Feb 2023 | US$350.6b | US$588.1b | US$10.7b | 22.7x | 32.9x | 0.6x |
| Wed, 18 Jan 2023 | US$354.6b | US$581.2b | US$10.8b | 22.3x | 32.9x | 0.6x |
| Fri, 16 Dec 2022 | US$364.1b | US$581.2b | US$10.8b | 20.1x | 33.6x | 0.6x |
| Sun, 13 Nov 2022 | US$361.0b | US$581.1b | US$10.9b | 20.1x | 33x | 0.6x |
| Tue, 11 Oct 2022 | US$344.3b | US$571.9b | US$12.9b | 18.4x | 26.6x | 0.6x |
| Thu, 08 Sep 2022 | US$363.9b | US$571.9b | US$12.9b | 18.9x | 28.1x | 0.6x |
| Sat, 06 Aug 2022 | US$373.9b | US$569.4b | US$15.7b | 24.5x | 23.9x | 0.7x |
| Mon, 04 Jul 2022 | US$346.9b | US$559.8b | US$16.5b | 21.2x | 21x | 0.6x |
| Wed, 01 Jun 2022 | US$349.1b | US$558.7b | US$16.7b | 21.8x | 20.9x | 0.6x |
| Fri, 29 Apr 2022 | US$355.3b | US$543.5b | US$16.6b | 23x | 21.4x | 0.7x |
| Sun, 27 Mar 2022 | US$374.5b | US$545.6b | US$17.0b | 26.1x | 22x | 0.7x |
| Tue, 22 Feb 2022 | US$354.9b | US$543.5b | US$17.2b | 21.9x | 20.7x | 0.7x |
| Thu, 20 Jan 2022 | US$363.4b | US$532.4b | US$20.3b | 25.9x | 17.9x | 0.7x |
| Sat, 18 Dec 2021 | US$380.6b | US$532.4b | US$20.3b | 25.6x | 18.8x | 0.7x |
| Mon, 15 Nov 2021 | US$380.1b | US$532.1b | US$20.3b | 24.3x | 18.7x | 0.7x |
| Wed, 13 Oct 2021 | US$349.2b | US$519.3b | US$20.3b | 22.8x | 17.2x | 0.7x |
| Fri, 10 Sep 2021 | US$375.6b | US$519.5b | US$20.2b | 18.6x | 18.6x | 0.7x |
| Sun, 08 Aug 2021 | US$380.6b | US$519.6b | US$20.4b | 22.8x | 18.7x | 0.7x |
| Sat, 01 May 2021 | US$363.2b | US$501.8b | US$21.0b | 29.1x | 17.3x | 0.7x |
| Tue, 02 Feb 2021 | US$329.5b | US$489.6b | US$20.1b | 21.4x | 16.4x | 0.7x |
| Fri, 06 Nov 2020 | US$256.1b | US$479.7b | US$16.2b | 23x | 15.8x | 0.5x |
| Mon, 10 Aug 2020 | US$247.2b | US$471.7b | US$16.3b | 29.9x | 15.1x | 0.5x |
Price to Earnings Ratio
17.3x
Current Industry PE
- Investors are optimistic on the American Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.3x which is higher than its 3-year average PE of 21.4x.
- The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Healthcare Services compare with similar industries?
| US Market | 0.061% | |
| Healthcare | -2.95% | |
| Healthcare Services | -1.65% | |
| Healthcare Services | -2.49% | |
| Managed Healthcare | -0.99% | |
| Healthcare Distributors | -2.51% | |
| Healthcare Facilities | -4.66% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DGX Quest Diagnostics | US$133.77 | 2.0% +US$300.2m | -5.1% | PE19x | |
| RCM R1 RCM | US$16.06 | 1.2% +US$79.5m | -25.2% | PS3.4x | |
| AMN AMN Healthcare Services | US$96.23 | 1.8% +US$66.6m | -0.7% | PE10x | |
| CHE Chemed | US$541.92 | 0.7% +US$56.4m | 11.9% | PE33.8x | |
| AGTI Agiliti | US$17.33 | 1.8% +US$40.3m | -10.3% | PE174.8x |
